Tagged: wal-mart

Wal-Mart announced Monday that it would acquire retailer Jet.com for $3 billion. According to Wal-Mart, acquiring Jet will help the company connect with urban and millennial shoppers and compete more effectively with online retail giant Amazon.com.

Wal-Mart will now let you pay with its phone app at all 4,600 stores nationwide. The effort is part of Wal-Mart's strategy to make shopping easier and faster, while learning more about consumer behavior.

Wal-Mart's second-quarter earnings report showed its investments in its workers and its efforts to overhaul the store experience are dragging down profits more than it expected. The comforting news for Wal-Mart's shareholders: the efforts are perking up sales and traffic at its U.S. namesake stores.

Bentonville finds itself in the Advertising Age spotlight Tuesday. Ad Age has a look at how Bentonville -- aka Vendorville -- and the region have been transformed by the growth of Wal-Mart and its cache of vendors on the ground in northwest Arkansas.

State officials say a new Georgia distribution center planned by Wal-Mart Stores Inc. will create more than 400 jobs over the next three years. The facility will support the Bentonville-based retailer's e-commerce business.

Actor-comedian Tracy Morgan and other people in a limousine struck from behind by a Wal-Mart truck on a highway in June are at least partly to blame for their injuries because they weren't wearing seatbelts, the company said in a court filing Monday.

The group pushing for the legalization of alcohol sales in three Arkansas counties commissioned an economic impact study that estimated those counties would have seen a combined $87.2 million in retail alcohol sales in 2013.